Medical Imaging Workstations Market Size, Share, Trends, Opportunities, Key Drivers And Growth 2024 To 2033

The Business Research Company has updated all its market reports with the latest information for the year 2024, projecting trends and forecasts until 2033

The Business Research Company presents an extensive market research report on the "Medical Imaging Workstations Global Market Report 2024," furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Medical Imaging Workstations industry. This report on Medical Imaging Workstations market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The medical imaging workstations market size has grown strongly in recent years. It will grow from $4.96 billion in 2023 to $5.4 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to clinical diagnosis, medical training and education, picture archiving and communication systems (pacs), radiology department efficiency, precision medicine.The medical imaging workstations market size is expected to see strong growth in the next few years. It will grow to $7.84 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%.

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Key Market Players:
General Electric Company, Koninklijke Philips NV, Siemens Medical Systems Inc., Fujifilm Healthcare Corporation, Canon Medical Systems Corporation

Market Drivers:
According to the Medical Imaging Workstations Market Report 2024 by The Business Research Company, The rising number of outpatients is expected to propel the growth of the medical imaging workstations market. Outpatients refer to patients who require medical care without staying in the hospital overnight. In recent years, outpatient visits have significantly increased while inpatient discharges have decreased, especially for imaging. Imaging services have been shifting from the inpatient setting to the outpatient one. Due to new payer demands and patient preferences, there has been a considerable impetus for these outpatient services as standalone facilities. For instance, in March 2023, according to Becker's Hospital Review, a US-based medical industry trade magazine, 95% of health leaders expect an increase in outpatient volumes in 2023, with 40% of them anticipating jumps of 10% or more. Therefore, the rising number of outpatients will drive the growth of the medical imaging workstation market.

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Market segments for Medical Imaging Workstations include:
1) By Modality: Magnetic Resonance Imaging, Computed Tomography, Ultrasound, Mammography, Other Modalities
2) By Component: Visualization Software, Display Units, Display Controller Cards, Central Processing Units
3) By Usage: Thick Client Workstations, Thin Client Workstations
4) By Application: Diagnostic Imaging, Clinical Review, Advanced Imaging
5) By End-User: Hospitals, Diagnostic Centers, Ambulatory Centers, Other End-user

The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?

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